Schwab Charles Investment Management Inc. raised its stake in shares of Treehouse Foods, Inc. (NYSE:THS) by 20.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 250,876 shares of the company’s stock after purchasing an additional 41,954 shares during the period. Schwab Charles Investment Management Inc. owned 0.44% of Treehouse Foods worth $20,495,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in THS. Bank of Montreal Can grew its holdings in Treehouse Foods by 14.2% during the first quarter. Bank of Montreal Can now owns 8,953 shares of the company’s stock valued at $758,000 after purchasing an additional 1,114 shares during the period. Suntrust Banks Inc. grew its holdings in Treehouse Foods by 11.7% during the first quarter. Suntrust Banks Inc. now owns 5,580 shares of the company’s stock valued at $471,000 after purchasing an additional 586 shares during the period. Swiss National Bank grew its holdings in Treehouse Foods by 0.5% during the first quarter. Swiss National Bank now owns 93,751 shares of the company’s stock valued at $7,937,000 after purchasing an additional 500 shares during the period. World Asset Management Inc grew its holdings in Treehouse Foods by 6.1% during the first quarter. World Asset Management Inc now owns 3,645 shares of the company’s stock valued at $309,000 after purchasing an additional 208 shares during the period. Finally, Gabelli Funds LLC grew its holdings in Treehouse Foods by 136.4% during the first quarter. Gabelli Funds LLC now owns 26,000 shares of the company’s stock valued at $2,201,000 after purchasing an additional 15,000 shares during the period.

In other news, CEO Sam K. Reed sold 11,480 shares of the firm’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $66.32, for a total transaction of $761,353.60. Following the sale, the chief executive officer now directly owns 70,647 shares in the company, valued at approximately $4,685,309.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.50% of the stock is owned by company insiders.

Treehouse Foods, Inc. (THS) opened at 67.10 on Wednesday. Treehouse Foods, Inc. has a 1-year low of $62.64 and a 1-year high of $90.42. The company’s market cap is $3.84 billion. The stock has a 50 day moving average price of $70.11 and a 200-day moving average price of $79.42.

Treehouse Foods (NYSE:THS) last posted its earnings results on Thursday, August 3rd. The company reported $0.51 EPS for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.02. Treehouse Foods had a positive return on equity of 6.54% and a negative net margin of 3.90%. The firm had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same period last year, the firm earned $0.54 EPS. The company’s quarterly revenue was down 1.2% on a year-over-year basis. On average, equities research analysts forecast that Treehouse Foods, Inc. will post $3.19 EPS for the current year.

Several analysts have issued reports on THS shares. BidaskClub lowered Treehouse Foods from a “hold” rating to a “sell” rating in a report on Thursday, August 24th. J P Morgan Chase & Co lowered Treehouse Foods from an “overweight” rating to a “neutral” rating and cut their price target for the company from $90.00 to $76.00 in a report on Friday, August 4th. BMO Capital Markets cut their price target on Treehouse Foods from $90.00 to $85.00 and set an “outperform” rating for the company in a report on Friday, August 4th. Barclays PLC cut their price target on Treehouse Foods from $90.00 to $84.00 and set an “overweight” rating for the company in a report on Friday, August 4th. Finally, Vertical Research lowered Treehouse Foods from a “buy” rating to a “hold” rating in a report on Friday, August 4th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $83.56.

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Treehouse Foods Profile

TreeHouse Foods, Inc is a consumer packaged food and beverage manufacturer. The Company’s segments include North American Retail Grocery, Food Away From Home, and Industrial and Export. The Company manufactures a range of shelf stable, refrigerated, fresh and frozen products. Its product categories include beverages, salad dressings, snack nuts, beverage enhancers, pickles, sauces, cereals, pasta and dry dinners, cookies and crackers, retail bakery, aseptic products, jams and other products.

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Institutional Ownership by Quarter for Treehouse Foods (NYSE:THS)

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